About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SAP Adds Hadoop to Arsenal; Appoints Wainwright to Head Financial Services

Subscribe to our newsletter

SAP – which sells its own HANA in memory data platform, and its IQ analytics database – is now reselling Hadoop in partnership with Hortonworks and Intel. The agreements allow SAP to directly offer a fuller portfolio of big data products, as organisations are seeking unified access to both structured and unstrauctured data. That most certainly includes financial services organisations, which will come under the focus of new global head Ross Wainwright.

Specifically, SAP is reselling Intel Distribution Apache Hadoop and the Hortonworks Data Platform with SAP HANA. Intel’s Hadoop distribution is a proprietary one, incorporating performance and security improvements that leverage specialised instructions in Intel’s latest chips.  By contrast, Hortonworks has focused on delivering a full open source product.

“Enterprises today are looking for big data solutions that are simple and quick to implement that enable insight from all data in real time in a secure environment to improve business processes,” says Boyd David, vice president and general manager of Intel’s Datacenter Software Division. “With performance optimisations for Intel hardware as well as encryption and decryption improvements for better security, the integration of the Intel Distribution for Apache Hadoop with the SAP HANA platform provides enterprises with security and scalability without having to sacrifice performance.” Intel has also worked as a technology partner with SAP related to HANA.

“By reselling the Hortonworks Data Platform, SAP can assure their customers they are deploying an SAP HANA and Hadoop architecture fully supported by SAP, while giving them the benefits of a fully open source Hadoop distribution,” says Shaun Connolly, vice president, corporate strategy, Hortonworks. “Hortonworks is committed to contributing all of its innovations back to the Apache project, ensuring that 100 percent of their Hadoop distribution is open source.”

Separately, SAP has appointed Ross Wainwright to global head of its financial services business. Wainwright – formerly global head of professional services for the financial services business – takes over from Simon Paris, who is elevated to global head of strategic industries.

Like Paris before him, Wainwright’s role covers banking, insurance and capital markets. Traditionally, SAP has built a strong footprint in banking and in insurance, and gained a major presence in capital markets through its 2010 acquisition of Sybase.

The mission in capital markets is now to roll out its big data portfolio – now including Hadoop – to a user base that runs Sybase’s traditional database product, IQ and its RAP capital markets suite. HANA’s in-memory functionality is key to addressing the real-time needs of capital markets players, and SAP wil want to articulate its strategy for “Big Data in Motion” to customers and prospects. In that endeavor, it will likely find competition from the likes of Software AG and Tibco Software, and perhaps in the future from the likes of Pivotal, the EMC/VMware spinout.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

LSEG and Microsoft Deepen Partnership to Power AI Agents with Financial Data

The London Stock Exchange Group (LSEG) and Microsoft are taking the next step in their strategic partnership, announcing a plan to transform how financial services professionals interact with data by embedding LSEG’s vast datasets into Microsoft’s AI ecosystem. The collaboration will enable users to build and deploy customised AI agents, or ‘Copilots,’ within their daily...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Enterprise Data Management, 2010 Edition

The global regulatory community has become increasingly aware of the data management challenge within financial institutions, as it struggles with its own challenge of better tracking systemic risk across financial markets. The US regulator in particular is seemingly keen to kick off a standardisation process and also wants the regulatory community to begin collecting additional...